Amends the Federal Deposit Insurance Act to remove the limitations on the authority of the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation to borrow from the United States Treasury.
Introduced in Senate
Read second time and referred to Senate Committee on Banking.
Committee on Banking requested executive comment from Federal Deposit Insurance Corporation, Federal Home Loan Bank Board.
Committee on Banking received executive comment from Federal Deposit Insurance Corporation. Unfavorable.
Committee on Banking received executive comment from Federal Home Loan Bank Board. Favorable.
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